| (REF: AO056 ) Self Drive Van & Minibus Hire and Rental |
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| Seller Reference: |
AO056 |
| B4S Reference: |
16813 |
| Asking Price: |
£60,000
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| Net Profit: |
£17,000 |
| Sales Revenue: |
£68,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Essex, Essex, United Kingdom |
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The present owner established the business in 2004 and now runs a fleet of five vehicles, four vans, and one minibus, thus providing different solutions for a broad base of customers.
Stability and growth is down to the strategy of the business to acquire a solid base of customers, and the business now benefits from high levels of regular repeat custom. A number of local businesses use the company’s vehicles instead of purchasing or leasing their own fleet. Construction companies, manufacturers, printers, banks and even a local film business are amongst the most dependable customers.
The business also receives numerous one off, lucrative jobs as a result of recommendations and the fact that there is no competition in the area.
One of the vehicles has been hired out on a long-term agreement for the last five years.
The business does not presently arrange theatre trips or organised holidays, which is a considerable area for growth for the purchaser. They do enjoy a strong revenue stream from the private hire market with many customers returning year after year. The operation has a good level of bookings taking them right through 2009 and beyond. The company has a database of some 700-800 clients at present.
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Property: |
Leasehold |
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Lease Terms: |
The business operates from rented premises. The site includes an office, portakabin and a yard with space for up to eight vehicles.
Annual rent and rates combined total £6,060 |
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Current Rent: |
Annual rent and rates combined total £6,060 |
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Living Accommodation: |
No |
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The business advertises regularly in the local press. |
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There is a good opportunity for the purchaser to build on the excellent foundations that have already been laid by the present director. In addition to the existing contracts there is an opportunity to tap into the holiday sector and sporting / cultural events market. The present premises could easily cope with additional vehicles. |
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All necessary training and a full handover are available to ensure continuity of trading. |
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The owner is looking to start his much deserved retirement. |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Monday – Friday: 7.0 am – 4.0 pm
Saturday: 7.0 am – 11.00 am
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